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Avolon CEO says not seeking compensation over new Boeing delays

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DUBLIN, April 27 (Reuters) - Aircraft lessor Avolon said a new manufacturing issue at Boeing will delay some of its aircraft deliveries but not to the degree where it will require a compensation discussion or fundamentally impact its business.

"I would say that for our business it is around the edges, it's not systemic or fundamental to our business... Right now, we don't have any material delays that would necessitate a compensation discussion with Boeing," Chief Executive Andy Cronin told Reuters in an interview.

Avolon committed on Thursday to ordering 40 Boeing 737 MAX aircraft for delivery from 2027 to 2030. Cronin said the Dublin-based firm had confidence in the fundamentals of the MAX program and Boeing's capability to deliver the aircraft on time. (Reporting by Padraic Halpin Editing by Tomasz Janowski )

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